300 Madison Ave | Childress, TX 79201
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- LoopNet Team
300 Madison Ave
Childress, TX 79201
Madison Chase Apartments · Multifamily Property For Sale
·
80 Units
INVESTMENT HIGHLIGHTS
- Opportunity to increase rents above competition, which are subsidized and tax credit properties.
- Market demographics support higher rents
- Value add opportunities: Start billing back for water/sewer/trash | Water conservation project to lower water bill
PROPERTY FACTS
| No. Units | 80 | Lot Size | 7.73 AC |
| Property Type | Multifamily | Building Size | 97,964 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 2000 |
| No. Units | 80 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.73 AC |
| Building Size | 97,964 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2000 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Vaulted Ceiling
- Patio
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Fitness Center
- Property Manager on Site
- Renters Insurance Program
- Maintenance on site
- Online Services
- Sundeck
- Vision Impaired Accessible
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 32 | - | 696 |
| 2+2 | 40 | - | 946 |
| 3+2 | 8 | - | 1,096 |
PROPERTY TAXES
| Parcel Number | 11000-09989-00000-000000 | Improvements Assessment | $1,925,946 |
| Land Assessment | $335,584 | Total Assessment | $2,261,530 |
PROPERTY TAXES
Parcel Number
11000-09989-00000-000000
Land Assessment
$335,584
Improvements Assessment
$1,925,946
Total Assessment
$2,261,530
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